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Search Result for “bangkok”

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BUSINESS

Banks urged to cash in on CLMV growth

Business, Pathom Sangwongwanich, Published on 13/06/2016

» Thai banks have more room to penetrate neighbouring countries' banking sectors, with ample opportunities for loan growth and risk diversification, says an executive specialising in principal investments.

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BUSINESS

Stocks climb as prospects for fed rate hike recede

Business, Published on 06/06/2016

» Recap: Global stock markets rose last week as investors now believe the US Federal Reserve will not raise interest rates until July at the earliest, given concerns about the market impact of the June 23 UK referendum on EU membership. Poor US job figures for May also weakened the case for a rate hike. A recovery in oil prices also lifted sentiment. Thai shares advanced on buying of energy and bank blue chips.

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BUSINESS

SSI to finish rehab plan by August

Business, Somruedi Banchongduang, Published on 28/03/2016

» The business rehabilitation plan for Sahaviriya Steel Industries Plc (SSI) is expected to be completed by August, one of its bank creditors has said. Among the crucial elements of the programme are a debt-to-equity swap and a new strategic partner.

BUSINESS

Asian stocks down over Glum manufacturing data

Business, Published on 28/09/2015

» Recap: Downbeat manufacturing data from the US and China stoked fresh worries over the global economy and sent Asian stock markets down. Sahaviriya Steel Industries Plc's debt woes also rattled Thai stocks with its shares and those of its three major lenders coming under a selling spree.

BUSINESS

Compassionate leadership in action at KTB (part one)

Business, Sorayuth Vathanavisuth, Published on 10/09/2015

» 'Our human-resource (HR) transformation intends to bring fairness back to our people at Krungthai," says Vorapak Tanyawong, president of Krungthai Bank (KTB).

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BUSINESS

After taking the lead in assets, KTB shifts aim

Business, Somruedi Banchongduang, Published on 02/07/2015

» State-owned Krungthai Bank (KTB) has decided to focus on profit improvement after surpassing Bangkok Bank (BBL) as the country's largest lender by assets and deposits, a major milestone reached in the first quarter this year.

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BUSINESS

For Thai banks, partnerships expand reach at low risk

Asia focus, Umesh Pandey, Published on 01/06/2015

» As global banking giants go on a slimming spree and regional banks in Asean say their size is appropriate, banks in Thailand are likely to continue their current strategy of servicing customers via partnerships and opening branches in some neighbouring countries.

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BUSINESS

Special mortgages rare at Money Expo

Business, Somruedi Banchongduang, Published on 08/05/2015

» Banks are surprisingly not as keen to offer special mortgages at this year's Money Expo, and bankers say this indicates low demand in the property market.

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BUSINESS

SCB predicts another policy rate cut

Online Reporters, Published on 07/05/2015

» The Bank of Thailand will be forced to move down its policy rate again in the second quarter to stimulate the sagging economy, the Economic Intelligence Centre (EIC) said on Thursday.

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BUSINESS

Labour shortages leave Thailand's growth stuck in the starting gate

Asia focus, Published on 06/04/2015

» A growing labour undersupply has been of the factors behind Thailand's sub-par economic growth. A nationwide survey of companies in six key sectors by SCB Economic Intelligence Center last year found that at least half had trouble filling vacancies within a three-month search.